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Once a Trump critic , Nikki Halley herself as his leading diplomat,

action against SyBefore and after he became president, Donald Trump made it pretty clear that he didn't much value in the United Nations. So when he named Nikki  Haley (pictured) as his choice for United Nations
Ambassador,any wondered
whether he was simply shunting
a tough critic trivial post.

    In the past week Haley made it increasingly clear that she has no intention of being sidelined​. To the contrary as diplomats as
the United Nations saw it, she managed to elbow herself into a leading, outspoken role in the Trump administration.

    On Wednesday, wielding pictures of dead Syrian children,
she was the first senior official
in the administration to warn that the United States could
unilateral action against Syria's
P for the chemical attack that killed more than 80 people in the country. The same day she was named the full member of
the  coveted principals' committee on Trump's National
Security Council, where critical
policy work is done.

Chasing rainbows

As the government readies its plans for Indradhanush 2.0. It's worth wondering about the functioning of the Banks Board Bureau (BBB), an autonomous entity, was a key element of
Indradhanush 1.0. a seven point programme announced in August 2015 to revemp the functioning of the public sector
banking system. The ambitious mandates​ include appointing
bank chiefs and senior officers, suggesting mergers acquisitions, advising banks on innovative financial methods to raise capital and putting in place a governance and accountability framework for India's 27 state - owned bank
that accounts for almost 74 per cent of the country's banking activity. But since it started  functioning in April 2016, the six
member BBB, headed by former
C and auditor - general Vinod Rai has been conspicuous by its inaction.
a
ai

New insolvency norms give creditors a wider

To recover their dues, creditors of an insolvent company will have more options now.

     They might be able to tap into an asset size bigger than
what prevails under the current
mechanism.

    With the regulator the insolvency Bankruptcy Board of
India, notifying the rules recently, Indian  creditors lay claim to the foreign assets of an insolvent company in addition to its assets. And, foreign creditors will be able to claim all assets​ of the company.

        Customers who have made
advanced payments to the company can claim assets in proportion to their payments but they would not be given  priority.

At 7℅, Q3 GDP growth beats note ban blues.

Manufacturing, agriculture drive higher- than- expected numbers

Gross Domestic product (GDP)
For the third quarter (Q3) of financial year 2016 - 17 (FY17)
Grew at 7℅ allyling fears of any major effect of demonetisation
Through it was the lowest expansion in four quarters.

Private final Consumption expenditure denoting demand, rose at double the rate (10℅) in Q3 against five per cent in Q2.

The aQ3 members not only made India the fastest- growing
Large economy in the world but also helped the central statistics Office (CSO) retain its earliest projection ( in first advance estimates) for full-year
GDP growth at 7.1per cent in the second advance estimates
Rd on Tuesday.

CSO stuck to it's projection despite the fact that GDP growth for 2015 -16 was revised
to  7.9 ℅ from earlier 7.6℅ after release of the first advance data. Investors continued to show weakness for the entire
financial year even though it was shown to rise against contraction in earlier data. First advance estimates did not take
Into account the impact of
demonetisation, while the second one factored it in terms
of latest available data.